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ratelena [41]
4 years ago
15

The Consumer Products Division of Goich Corporation had average operating assets of $1,450,000 and net operating income of $133,

100 in May. The minimum required rate of return for performance evaluation purposes is 9%. What was the Consumer Products Division's residual income in May?
Business
1 answer:
lidiya [134]4 years ago
8 0

Answer:

Consumer Products Division's residual income in May is $2,600

Explanation:

Residual Income is the dollar amount of the divisional operating profit over its cost of acquiring capital to purchases its operating assets.

Residual Income = Operating Income - (Operating Assets × Cost of Capital)

Therefore,

Residual Income = $133,100 - ($1,450,000 × 9.00%)

                            = $2,600

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A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As
bazaltina [42]

Answer

Hi,

A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As a result, citizens acquired the __skills____ required to work. The schools generated__jobs___ for teachers and other staff. In 20 years, the country saw a rapid __increase____ in its GDP.

Explanation

When the country makes education free and mandatory, many parentsare encouraged to take their kids to school to learn and acquire skills needed for them to participate in building the nation. Establishing new 100 schools is investing in human capital which will create employment opportunities for teachers and other staff in the education and training sector. When employment opportunities are created, people will earn money and pay taxes to the government. This will in turn cause growth of the GDP of the country.

Good luck!

6 0
3 years ago
Read 2 more answers
3. During Michael Jordan's NBA career (
mojhsa [17]

Answer:

7324

Explanation:

We need to find the number of completed free throws out of total free throws

Since he completed 83.5% of them, you find 83.5% of 8772

83.5% can be rewritten as 0.835

8772 \times 0.835 = 7324.62

We don't round up because it isn't 1 complete free throw. 0.62 is not 1 complete free throw so round down

3 0
2 years ago
A management consulting team needs a team of four to analyze the operations of a new client. The team should comprise an account
exis [7]

Answer:

720

Explanation:

Given:

The management consulting team should comprise an accountant, a production specialist, a finance specialist, and a management specialist. On its staff, the consulting firm has available six accountants, five production specialists, three finance specialists, and eight management specialists

To find:

Number of different teams that could be formed from the available individuals

Solution:

Use combination to find number of ways to select y objects from x objects when the order in the selection process doesn't matter.

Number of ways to select an accountant, a production specialist, a finance specialist, and a management specialist from six accountants, five production specialists, three finance specialists, and eight management specialists =6_C_1 5_C_1 3_C_1 8_C_1\\=6(5)(3)(8)\\=720

4 0
3 years ago
Essman might overlook strategic risks, the business plan at hand can be a good plan and the Product mix may be one of the best.
WITCHER [35]

Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.

<h3>What is product mix?</h3>

Product mix is the total number of products sell by  the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.

Thus, Risk retention is good for the company as the good has the better strategies

For more details about Product mix, click here:

brainly.com/question/17463487

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6 0
2 years ago
Employees are required to take vacations. 2. Any member of the sales department can approve credit sales. 3. Paul Jaggard ships
aliina [53]

Answer:

1. <em>This is an example of the practice of good human resource principles</em>

<em>2.This is an example of poor establishment of responsibilities</em>

<em>3. This is an example of lack of segregation of duties</em>

<em>4. This is an example of independent internal verification</em>

<em>5. This is an example of the practice of physical control</em>

<em />

Explanation:

1. Employees are required to take vacations.

<em>This is an example of the practice of good human resource principles</em>

<em />

2. Any member of the sales department can approve credit sales.

<em>This is an example of poor establishment of responsibilities</em>

<em />

3. Paul Jaggard ships goods to customers, bills customers, and receives payment from customers.

<em>This is an example of lack of segregation of duties</em>

<em />

4. Total cash receipts are compared to bank deposits daily by someone who has no other cash responsibilities.

<em>This is an example of independent internal verification</em>

<em />

5. Time clocks are used for recording time worked by employees.

<em>This is an example of the practice of physical control</em>

<em />

7 0
3 years ago
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